Announcement • Jul 07
Mitsubishi Corporation to Report Q1, 2027 Results on Aug 03, 2026 Mitsubishi Corporation announced that they will report Q1, 2027 results on Aug 03, 2026 Announcement • Feb 26
Envision India Fund and Envision Capital Services Private Ltd. entered into Share Purchase Agreement to acquire 4.68% stake in SastaSundar Healthbuddy Limited from Mitsubishi Corporation (TSE:8058) for approximately INR 500 million. Envision India Fund and Envision Capital Services Private Ltd. entered into Share Purchase Agreement to acquire 4.68% stake in SastaSundar Healthbuddy Limited from Mitsubishi Corporation (TSE:8058) for approximately INR 500 million on February 25, 2026. A cash consideration of INR 499 million valued at INR 493.21 per share will be paid by Envision India Fund and Envision Capital Services Private Ltd. As part of consideration, INR 499 million is paid towards common equity of SastaSundar Healthbuddy Limited. Announcement • Feb 11
Ternium Investments S.À R.L. completed the acquisition of an additional 21.8% stake in Usinas Siderúrgicas de Minas Gerais S.A. (BOVESPA:USIM5) from Nippon Steel Corporation (TSE:5401) and Mitsubishi Corporation (TSE:8058). Ternium Investments S.À R.L. entered into a share purchase agreement to acquire an additional 21.8% stake in Usinas Siderúrgicas de Minas Gerais S.A. (BOVESPA:USIM5) from Nippon Steel Corporation (TSE:5401) and Mitsubishi Corporation (TSE:8058) for approximately $320 million on November 5, 2025. Pursuant to the transaction, Ternium would pay $2.06 per ordinary share, which would result in an aggregate purchase price of approximately $315.2 million in cash for 153.1 million ordinary shares, increasing its participation in the Usiminas control group from 51.5% to 83.1%. The transaction will be financed with cash on hand. Upon the closing of the Transaction, the T/T Group will hold a relative interest of approximately 92.95% of the shares subject to the Shareholders' Agreement, while PU will maintain its 7.05% of such Subject Shares. In relation to the total common shares issued by Usiminas, the T/T Group will hold 71.02% (including the ordinary shares issued by Usiminas owned by Ternium that are not subject to the Shareholders’ Agreement, and without disregarding the shares held in treasury). As a result of the Transaction, the NSC Group will cease to be part of the Usinas Siderúrgicas' controlling group and Shareholders' Agreement. The rights and obligations of the PU under the Shareholders' Agreement, including voting and nomination rights, will not change.
The transaction is subject to approval by Brazil's antitrust authorities.
Pinheiro Neto Advogados acted as legal advisor to Nippon Steel Corporation and Mitsubishi Corporation.
Ternium Investments S.À R.L. completed the acquisition of an additional 21.8% stake in Usinas Siderúrgicas de Minas Gerais S.A. (BOVESPA:USIM5) from Nippon Steel Corporation (TSE:5401) and Mitsubishi Corporation (TSE:8058) on February 10, 2026. Announcement • Jan 16
Mitsubishi Corporation (TSE:8058) agreed to acquire Aethon III LLC and Aethon United LP from Aethon Energy Management LLC, Ontario Teachers' Pension Plan Board, and Redbird Capital Partners Management LLC for $7.5 billion. Mitsubishi Corporation (TSE:8058) agreed to acquire Aethon III LLC and Aethon United LP from Aethon Energy Management LLC, Ontario Teachers' Pension Plan Board, and Redbird Capital Partners Management LLC for $7.5 billion on January 16, 2026. The transaction is subject to customary regulatory approvals. The transaction is expected to close in the first quarter of Mitsubishi Corporation's fiscal year. Announcement • Jan 09
Mitsubishi Corporation to Report Nine Months, 2026 Results on Feb 05, 2026 Mitsubishi Corporation announced that they will report nine months, 2026 results on Feb 05, 2026 Announcement • Nov 05
Ternium Investments S.À R.L. entered into a share purchase agreement to acquire an additional 12.22% stake in Usinas Siderúrgicas de Minas Gerais S.A. (BOVESPA:USIM5) from Nippon Steel Corporation (TSE:5401) and Mitsubishi Corporation (TSE:8058) for approximately $320 million. Ternium Investments S.À R.L. entered into a share purchase agreement to acquire an additional 12.22% stake in Usinas Siderúrgicas de Minas Gerais S.A. (BOVESPA:USIM5) from Nippon Steel Corporation (TSE:5401) and Mitsubishi Corporation (TSE:8058) for approximately $320 million on November 5, 2025. Pursuant to the transaction, Ternium would pay $2.06 per ordinary share, which would result in an aggregate purchase price of approximately $315.2 million in cash for 153.1 million ordinary shares, increasing its participation in the Usiminas control group from 51.5% to 83.1%. The transaction will be financed with cash on hand. Upon the closing of the Transaction, the T/T Group will hold a relative interest of approximately 92.95% of the shares subject to the Shareholders' Agreement, while PU will maintain its 7.05% of such Subject Shares. In relation to the total common shares issued by Usiminas, the T/T Group will hold 71.02% (including the ordinary shares issued by Usiminas owned by Ternium that are not subject to the Shareholders’ Agreement, and without disregarding the shares held in treasury). As a result of the Transaction, the NSC Group will cease to be part of the Usinas Siderúrgicas' controlling group and Shareholders' Agreement. The rights and obligations of the PU under the Shareholders' Agreement, including voting and nomination rights, will not change.
The transaction is subject to approval by Brazil's antitrust authorities. Announcement • Oct 02
Mitsubishi Corporation to Report Q2, 2026 Results on Nov 04, 2025 Mitsubishi Corporation announced that they will report Q2, 2026 results on Nov 04, 2025 Announcement • Jul 09
Mitsubishi Corporation (TSE:8058) completed the acquisition of 49.89% stake in Mitsubishi Shokuhin Co., Ltd. (TSE:7451) from a group of shareholders. Mitsubishi Corporation (TSE:8058) proposed to acquire 49.89% stake in Mitsubishi Shokuhin Co., Ltd. (TSE:7451) from a group of shareholders for approximately ¥140 billion on May 8, 2025. A cash consideration of ¥137.7 billion valued at ¥6340 per share will be paid by Mitsubishi Corporation. As part of consideration, ¥137.7 billion is paid towards common equity of Mitsubishi Shokuhin Co., Ltd.
The transaction is subject to minimum tender. Mitsubishi Shokuhin at a meeting of its board of directors express its opinion to support the Tender Offer and to recommend that its shareholders tender their shares in the Tender Offer. The Board of Directors of Mitsubishi Shokuhin Co., Ltd. formed a special committee for the transaction. As of June 12, 2025, the expiry date of offer extended to July 8, 2025 from June 19, 2025.
Nomura Securities Co., Ltd. acted as financial advisor for Mitsubishi Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for Mitsubishi Corporation. Shimada Hamba & Osajima acted as legal advisor for Mitsubishi Shokuhin Co., Ltd. SMBC Nikko Securities Inc. acted as financial advisor for Mitsubishi Shokuhin Co., Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for Mitsubishi Shokuhin Co., Ltd.
Mitsubishi Corporation (TSE:8058) completed the acquisition of 49.89% stake in Mitsubishi Shokuhin Co., Ltd. (TSE:7451) from a group of shareholders on July 8, 2025. Announcement • Jul 03
Mitsubishi Corporation to Report Q1, 2026 Results on Aug 04, 2025 Mitsubishi Corporation announced that they will report Q1, 2026 results on Aug 04, 2025 Announcement • Jun 27
Kameda Seika Co.,Ltd. (TSE:2220) completed the acquisition of remaining 50% stake in TH Foods, Inc. from Mitsubishi Corporation (TSE:8058). Kameda Seika Co.,Ltd. (TSE:2220) agreed to acquire remaining 50% stake in TH Foods, Inc. from Mitsubishi Corporation (TSE:8058) for approximately $220 million on March 27, 2025. In a related transaction, Kameda Seika Co.,Ltd. (TSE:2220) to sell Mary’s Gone Crackers to a unit of Dare Foods on May 9, 2025. April 1, 2025 will be the deemed combination date for accounting purpose.
Kameda Seika Co.,Ltd. (TSE:2220) completed the acquisition of the remaining 50% stake in TH Foods, Inc. from Mitsubishi Corporation (TSE:8058) on June 26, 2025. Announcement • Jun 17
Mitsubishi Reportedly in Advanced Talks on $8 Billion Aethon Deal Mitsubishi Corporation (TSE:8058) is in advanced talks to buy the assets of Aethon Energy Management LLC for close to $8 billion, sources familiar with the matter said, in what would be the Japanese conglomerate’s biggest ever acquisition. Tokyo-based Mitsubishi could announce a deal with the US energy-focused investment firm in the next couple of months, according to the sources. Abu Dhabi National Oil Company (Adnoc) had also been considering a potential transaction involving Aethon, Bloomberg News reported in April. A deal would likely be structured as a purchase of Aethon’s portfolio, which includes natural gas production operations and midstream assets, some of the sources said. While a deal is close, talks could still be delayed or falter, the sources said, asking not to be identified discussing confidential information. It’s also possible another bidder could emerge for Aethon, the sources said. Representatives for Mitsubishi and Aethon declined to comment. A spokesperson for Adnoc did not respond to requests for comment. Announcement • May 02
Mitsubishi Corporation, Annual General Meeting, Jun 20, 2025 Mitsubishi Corporation, Annual General Meeting, Jun 20, 2025. Announcement • Apr 05
Mitsubishi Corporation to Report Fiscal Year 2025 Results on May 02, 2025 Mitsubishi Corporation announced that they will report fiscal year 2025 results on May 02, 2025 Announcement • Apr 04
Mitsubishi Corporation (TSE:8058) announces an Equity Buyback for 689,000,000 shares, representing 17.33% for ¥1,000,000 million. Mitsubishi Corporation (TSE:8058) announces a share repurchase program. Under the program, the company will repurchase up to 689,000,000 shares, representing 17.33% of its outstanding shares (excluding treasury shares) for ¥1,000,000 million. The shares will be repurchased at a price of ¥ 1,451 per share. The purpose of the program is shareholder returns and capital allocation in Midterm Corporate Strategy 2024. The repurchased shares will be cancelled.. The repurchase program will expire on March 31, 2026. As of December 31, 2024, the company had 3,976,767,583 outstanding shares(excluding treasury) and 45,623,570 shares in treasury. Announcement • Mar 27
Mitsubishi Corporation (TSE:8058) and Saint-Care Holding Corporation (TSE:2374) acquired an additional unknown stake in Care Design Institute Inc. from INCJ, Ltd. Mitsubishi Corporation (TSE:8058) and Saint-Care Holding Corporation (TSE:2374) acquired an additional unknown stake in Care Design Institute Inc. from INCJ, Ltd. on March 26, 2025.
Mitsubishi Corporation (TSE:8058) and Saint-Care Holding Corporation (TSE:2374) completed the acquisition of an additional unknown stake in Care Design Institute Inc. from INCJ, Ltd. on March 26, 2025. Announcement • Mar 26
Digital CR Singapore 4 Pte. Ltd. acquired 20% stake in Digital Osaka 3 TMK from Mitsubishi Corporation (TSE:8058) for ¥13.0 billion. Digital CR Singapore 4 Pte. Ltd. acquired 20% stake in Digital Osaka 3 TMK from Mitsubishi Corporation (TSE:8058) for ¥13.0 billion on March 25, 2025. A cash consideration of ¥13 billion will be paid by Digital CR Singapore 4 Pte. Ltd. As part of consideration, ¥13 billion is paid towards common equity of Digital Osaka 3 TMK.
Digital CR Singapore 4 Pte. Ltd. completed the acquisition of 20% stake in Digital Osaka 3 TMK from Mitsubishi Corporation (TSE:8058) on March 25, 2025. Announcement • Jan 03
Mitsubishi Corporation to Report Q3, 2025 Results on Feb 06, 2025 Mitsubishi Corporation announced that they will report Q3, 2025 results on Feb 06, 2025 Announcement • Oct 18
Mitsubishi Corporation (TSE:8058) made a bid to acquire 6.50% stake in Globe Fintech Innovations, Inc. from Ayala Corporation (PSE:AC) for PHP 18.4 billion. Mitsubishi Corporation (TSE:8058) made a bid to acquire 6.50% stake in Globe Fintech Innovations, Inc. from Ayala Corporation (PSE:AC) for PHP 18.4 billion on October 17, 2024. A cash consideration of PHP 18.4 billion will be paid by Mitsubishi Corporation. As part of consideration, PHP 18.4 billion is paid towards common equity of Globe Fintech Innovations, Inc. The needed corporate approvals had been completed for the acceptance by Ayala Corporation of a binding offer from Mitsubishi Corporation.
The transaction is subject to approval by regulatory board / committee. Announcement • Oct 04
Mitsubishi Corporation to Report First Half, 2025 Results on Nov 01, 2024 Mitsubishi Corporation announced that they will report first half, 2025 results on Nov 01, 2024 Announcement • Sep 17
Mitsubishi Plans to Buy Stake in ExxonMobil's Texas Project Japan’s Mitsubishi Corporation (TSE:8058) is in talks to buy a stake in Exxon Mobil Corporation (NYSE:XOM)'s Texas project which is expected to become the world's largest low carbon ammonia facility. The facility is expected to produce up to 1 billion cubic feet 28 million cubic meters of hydrogen per day with 98 CO2 removal as well as more than 1 million tons of low carbon ammonia per year. The final investment decision on the project will be made in 2025 and its operation will begin in 2029 notes. Mitsubishi does not provide data on what stake it plans to acquire in the project The Wall Street Journal notes. Announcement • Jul 31
Newlat Food S.p.A. (BIT:NWL) completed the acquisition of Princes Limited from Mitsubishi Corporation (TSE:8058). Newlat Food S.p.A. (BIT:NWL) agreed to acquire Princes Limited from Mitsubishi Corporation (TSE:8058) for £700 million on May 27, 2024. The consideration is on a debt free and cash free basis, of £700 million, of which £650 million to be paid in cash and £50 million to be paid in 9,319,841 Newlat Food shares. Princes Limited generated a consolidated turnover for the Fiscal Year 2024 (ended March 31, 2024) of £1.71 billion, an Adj. EBITDA of £100.54 million and the Adj. Net Profit reached £13.03 million. The EV/EBITDA multiple of the Transaction, based on the actual FY 2024 (March 31st 2024) figures, is 7x or 5.2x, including minimum cost and structure synergies. The intended Transaction will be financed through the Company’s own available cash, the Shareholders’ Loan (as defined below) and a €300 million (£255.021 million) loan to be provided by a pool of leading international banks. The pool, led by Unicredit and BNL BNP Paribas as Global Coordinator and Bookrunner, includes Rabobank, Commerzbank, Banco BPM and BPER. Upon completion of the intended Transaction, Mitsubishi Corporation will become the second largest shareholder of Newlat Food with 21.2% of the economic rights and 15.1% of voting rights. The closing of the Transaction, subject to the obtainment of antitrust clearances by the competent antitrust authorities and the consultation of both the European and the Dutch works council within the Princes group, is expected to take place by the end of July 2024. Unicredit, BNL BNP Paribas and Equita also supported Newlat Food as financial advisors in the context of the Transaction, while BonelliErede and LCA supported as legal advisors to Newlat Food.
Newlat Food S.p.A. (BIT:NWL) completed the acquisition of Princes Limited from Mitsubishi Corporation (TSE:8058) on July 30, 2024. Concurrently, Newlat announced that it will rename itself as ‘New Princes Group’, comprising Newlat and its existing subsidiaries along with the addition of Princes. The new Board of Directors will be supported by a UK based Operating Board with a number of new leaders reporting into CEO Simon Harrison. Barry McDonnell and Joe Dent continue their roles as Chief Operations Officer and Chief People Officer, Ian Rooney joins as Chief Supply Chain Officer, Connie Emerson as Chief Strategy Officer along with Neil Bohannon and Ruth Simpson as Chief Procurement Officer and Chief Commercial Officer respectively. The fulfilment of all the conditions precedent provided for in the Agreement to proceed to the closing of the Transaction. Announcement • Jun 28
Mitsubishi Corporation to Report Q1, 2025 Results on Aug 01, 2024 Mitsubishi Corporation announced that they will report Q1, 2025 results on Aug 01, 2024 Announcement • Jun 13
Mitsubishi Corporation (TSE:8058) agreed to acquire unknown minority stake in TVS Certified Private Limited/TVS Vehicle Mobility Solution Private Limited. Mitsubishi Corporation (TSE:8058) agreed to acquire unknown minority stake in TVS Certified Private Limited/TVS Vehicle Mobility Solution Private Limited on June 11, 2024. The transaction is subject to subject to antitrust regulations which was approved on June 11, 2024. Announcement • May 29
Newlat Food S.p.A. (BIT:NWL) agreed to acquire Princes Limited from Mitsubishi Corporation (TSE:8058) for £700 million. Newlat Food S.p.A. (BIT:NWL) agreed to acquire Princes Limited from Mitsubishi Corporation (TSE:8058) for £700 million on May 27, 2024. The consideration is on a debt free and cash free basis, of £700 million, of which £650 million to be paid in cash and £50 million to be paid in 9,319,841 Newlat Food shares. Princes Limited generated a consolidated turnover for the Fiscal Year 2024 (ended March 31, 2024) of £1.71 billion, an Adj. EBITDA of £100.54 million and the Adj. Net Profit reached £13.03 million. The EV/EBITDA multiple of the Transaction, based on the actual FY 2024 (March 31st 2024) figures, is 7x or 5.2x, including minimum cost and structure synergies. The intended Transaction will be financed through the Company’s own available cash, the Shareholders’ Loan (as defined below) and a €300 million (£255.021 million) loan to be provided by a pool of leading international banks. The pool, led by Unicredit and BNL BNP Paribas as Global Coordinator and Bookrunner, includes Rabobank, Commerzbank, Banco BPM and BPER. Upon completion of the intended Transaction, Mitsubishi Corporation will become the second largest shareholder of Newlat Food with 21.2% of the economic rights and 15.1% of voting rights. The closing of the Transaction, subject to the obtainment of antitrust clearances by the competent antitrust authorities and the consultation of both the European and the Dutch works council within the Princes group, is expected to take place by the end of July 2024. Unicredit, BNL BNP Paribas and Equita also supported Newlat Food as financial advisors in the context of the Transaction, while BonelliErede and LCA supported as legal advisors to Newlat Food. Announcement • Apr 24
Denka Company Limited (TSE:4061) agreed to acquire 50% stake in Frontier Carbon Corporation from Mitsubishi Corporation (TSE:8058). Denka Company Limited (TSE:4061) agreed to acquire 50% stake in Frontier Carbon Corporation from Mitsubishi Corporation (TSE:8058) on April 24, 2024. Announcement • Apr 02
Digital CR Singapore 4 Pte. Ltd. acquired additional 10% stake in Digital Osaka 2 TMK from Mitsubishi Corporation (TSE:8058) for JPY 7.7 billion . Digital CR Singapore 4 Pte. Ltd. acquired additional 10% stake in Digital Osaka 2 TMK from Mitsubishi Corporation (TSE:8058) for JPY 7.7 billion on March 29, 2024. The transaction is subject to closing adjustments. The manager intends to finance the acquisition with a combination of a portion of the proceeds from an equity fund and borrowings through a new JPY tranche on its unsecured term loan facility.
Digital CR Singapore 4 Pte. Ltd. completed the acquisition of additional 10% stake in Digital Osaka 2 TMK from Mitsubishi Corporation (TSE:8058) on March 29, 2024. Announcement • Mar 28
Mitsubishi Corporation to Report Fiscal Year 2024 Results on May 02, 2024 Mitsubishi Corporation announced that they will report fiscal year 2024 results on May 02, 2024 Announcement • Mar 06
Mitsubishi Corporation (TSE:8058) acquired Two data centers in Dallas,Texas for approximately $800 million. Mitsubishi Corporation (TSE:8058) acquired Two data centers in Dallas,Texas for approximately $800 million on March 4, 2024.Mitsubishi Corporation (TSE:8058) completed the acquisition of Two data centers in Dallas,Texas for approximately $800 million on March 4, 2024. Announcement • Feb 26
Fideicomiso De Fomento Minero agreed to acquire remaining 49% stake in Exportadora de Sal, S.A. de C.V. from Mitsubishi Corporation (TSE:8058). Fideicomiso De Fomento Minero agreed to acquire remaining 49% stake in Exportadora de Sal, S.A. de C.V. from Mitsubishi Corporation (TSE:8058) on February 24, 2024. Prior to the transaction, Fideicomiso De Fomento Minero held 51%. Announcement • Jan 30
GS Yuasa International Ltd. agreed to acquire 49% stake in Lithium Energy Japan Corporation from Mitsubishi Corporation (TSE:8058) and Mitsubishi Motors Corporation (TSE:7211). GS Yuasa International Ltd. agreed to acquire remaining 49% stake in Lithium Energy Japan Corporation from Mitsubishi Corporation (TSE:8058) and Mitsubishi Motors Corporation (TSE:7211) on January 29, 2024. As of March 31, 2023, Lithium Energy Japan Corporation from Mitsubishi Corporation generated total assets of ¥17.8 billion. Announcement • Jan 06
Mitsubishi Corporation to Report Q3, 2024 Results on Feb 06, 2024 Mitsubishi Corporation announced that they will report Q3, 2024 results on Feb 06, 2024 Announcement • Nov 02
Mitsubishi Corporation Revises Dividend Guidance for the Fiscal Year Ending March 31, 2024 Mitsubishi Corporation revised dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expects revised dividend of JPY 105 per share compared to previously expected dividend of JPY 77 per share. Announcement • Oct 18
Mitsubishi Reportedly Considering Bid for Fujitsu's Chip Unit Shinko Electric Mitsubishi Corporation (TSE:8058) is considering bidding for Fujitsu Limited (TSE:6702)’s chip packaging unit Shinko Electric Industries, two sources said, as Japan’s top trading house weighs an entry into semiconductor manufacturing. Mitsubishi, owned 8.3% by Warren Buffett’s Berkshire Hathaway, has set up a team to explore the possibility of entering the so-called back-end manufacturing process, which involves mounting chips on frames, connecting wires and packaging, the sources, who are familiar with the matter, said. Fujitsu has put its 50% stake in Shinko Electric, worth around $2.6 billion at current market prices, on sale, other sources said. The bid has reportedly drawn interest from global buyout firms Bain Capital, LP, Kohlberg Kravis Roberts & Co. L.P. (NYSE:KKR), Apollo Global Management, Inc. (NYSE:APO), as well as government-backed Japan Investment Corporation. Mitsubishi is planning to make a joint bid with one of the potential buyers, one of the two sources said. Those talks are at an early stage and Mitsubishi has not decided on a partner, the source added. A Mitsubishi spokesperson said the trading house had set up a division in June dealing with chips and materials that was looking into various opportunities. However, the spokesperson said the company could not comment on individual deals. A Fujitsu spokesperson said: “It is true we are considering various options to maximise the value of the independent business, but nothing has been decided at this time.” A Shinko spokesperson declined to comment. The sources did not wish to be identified as the information is private. There is no guarantee a deal would go through, the two sources said. It was also not clear if Mitsubishi had hired banks to advise on the deal. The sale of Shinko, a major supplier to chip companies such as Intel and Advanced Micro Devices, could also face national economic security issues, sources said. Announcement • Oct 11
Mitsubishi Corporation to Report Q2, 2024 Results on Nov 02, 2023 Mitsubishi Corporation announced that they will report Q2, 2024 results at 1:00 PM, Tokyo Standard Time on Nov 02, 2023 Announcement • Sep 26
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) signed an agreement to acquire Majority stake in Metito Holdings Limited from Gulf Capital Limited, Mitsubishi Corporation (TSE:8058) and Mitsubishi Heavy Industries, Ltd. (TSE:7011). Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) signed an agreement to acquire Majority stake in Metito Holdings Limited from Gulf Capital Limited, Mitsubishi Corporation (TSE:8058) and Mitsubishi Heavy Industries, Ltd. (TSE:7011) on September 25, 2023. Announcement • Aug 25
CPC Reportedly Set for Dorado Stake CPC Corporation, Taiwan is being tipped as the most likely buyer of an additional stake in the Dorado oil and gas project off the coast of Western Australia. Owner Santos Limited (ASX:STO) is understood to have had four or five parties in a data room, in a process run by investment bank Goldman Sachs. Among them are believed to be Kufpec (Kuwait Foreign Petroleum Exploration Company K.S.C.) and at least one Japanese suitor, with Mitsui & Co., Ltd. (TSE:8031) and Mitsubishi Corporation (TSE:8058) likely candidates. Other likely parties are Tokyo Gas Co.,Ltd. (TSE:9531), Osaka Gas Co., Ltd. (TSE:9532) and Jadestone Energy plc (AIM:JSE). But the latest chatter in the market is that Santos is pinning its hopes on CPC investing further. CPC recently finalised a deal with Carnarvon, the other owner of the project, to buy a 10% interest in Dorado and its Pavo project for an all-up payment of $146 million. Santos has an 80% interest in Dorado and the thinking in the market is that it remains keen to reduce that exposure to about 60%. Azure Capital-advised Carnarvon Energy was the only other holder before CPC bought in. Dorado, once owned by Woodside Petroleum and later Quadrant Energy before it was purchased by Santos, is an integrated oil and gas project that will be developed in two phases. It is located in the Bedout sub-basin, about 140km off the coast of WA's Port Hedland. Announcement • Jun 30
Mitsubishi Corporation to Report Q1, 2024 Results on Aug 03, 2023 Mitsubishi Corporation announced that they will report Q1, 2024 results on Aug 03, 2023 Reported Earnings • Jun 25
Full year 2023 earnings released: EPS: JP¥809 (vs JP¥635 in FY 2022) Full year 2023 results: EPS: JP¥809 (up from JP¥635 in FY 2022). Revenue: JP¥22t (up 25% from FY 2022). Net income: JP¥1.18t (up 26% from FY 2022). Profit margin: 5.5% (up from 5.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 3.8% p.a. on average during the next 3 years, while revenues in the Global Trade Distributors industry are expected to grow by 2.8%. Board Change • Jun 14
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Akitaka Saiki was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Jun 02
Century Properties Group, Inc. (PSE:CPG) agreed to acquire remaining 40% stake in PHirst Park Homes, Inc. from Mitsubishi Corporation (TSE:8058). Century Properties Group, Inc. (PSE:CPG) agreed to acquire remaining 40% stake in PHirst Park Homes, Inc. from Mitsubishi Corporation (TSE:8058) on May 30, 2023. In a related transaction, Century Properties Group, Inc. also agreed to acquire remaining 40% stake in Tanza Properties, Inc. from Mitsubishi Corporation on May 31, 2023. Following the acquisition, Century Properties Group, Inc. will acquire full ownership of PHirst Park Homes, Inc. The acquisition was approved by Century Properties Group’s (CPG) Board of Directors. Announcement • May 10
Mitsubishi Corporation (TSE:8058) announces an Equity Buyback for 86,000,000 shares, representing 5.99% for ¥300,000 million. Mitsubishi Corporation (TSE:8058) announces a share repurchase program. Under the program, the company will repurchase up to 86,000,000 shares, representing 5.98% of its outstanding shares (excluding treasury shares) for ¥300,000 million. The purpose of the program is shareholder returns and capital allocation in Midterm Corporate Strategy 2024. The repurchase program will expire on December 31, 2023. As of March 31, 2023, the company had 1,435,834,923 outstanding shares excluding treasury and 22,467,428 shares in treasury. Announcement • Feb 06
Mitsubishi Corporation (TSE:8058) announces an Equity Buyback for 33,000,000 shares, representing 2.26% for ¥100,000 million. Mitsubishi Corporation (TSE:8058) announces a share repurchase program. Under the program, the company will repurchase up to 33,000,000 shares, representing 2.26% of its outstanding shares (excluding treasury shares) for ¥100,000 million. The purpose of the program is to optimize the level of total return ratio and capital structure. The repurchase program will expire on April 30, 2023. As of December 31, 2022, the company had 1,457,155,529 outstanding shares excluding treasury and 16,989,822 shares in treasury. Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: JP¥162 (vs JP¥193 in 3Q 2022) Third quarter 2023 results: EPS: JP¥162 (down from JP¥193 in 3Q 2022). Revenue: JP¥5.56t (up 20% from 3Q 2022). Net income: JP¥235.8b (down 17% from 3Q 2022). Profit margin: 4.2% (down from 6.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.5% p.a. on average during the next 3 years, while revenues in the Global Trade Distributors industry are expected to grow by 2.6%. Board Change • Jan 31
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Akitaka Saiki was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Dec 29
Mitsubishi Corporation to Report Q3, 2023 Results on Feb 03, 2023 Mitsubishi Corporation announced that they will report Q3, 2023 results at 12:00 PM, Tokyo Standard Time on Feb 03, 2023 
